You’re doing many things today to ensure the future of your dealership. However, there are many outside factors that influence your success — such as the economy. How can you keep up when it comes to monitoring the economic trends are most important to your business?
Alan Beaulieu, president of ITR Economics, breaks down what you need to watch now and how to prepare your business for changes ahead.
Alan Beaulieu explains what to expect from the economy in the short-term, including a softening in 2019 and then a nice momentum in 2020. He says a business’ first responsibility is to cash in a softer economic environment and then, when the economy picks up again, to invest in efficiency gains.
In this podcast, brought to you by Yanmar, you'll learn more about leading economic indicators to watch as well as global influences.
The Rural Lifestyle Dealer podcast is brought to you by Yanmar.
Yanmar was founded in 1912 and developed the world's first commercially viable small diesel engine in 1933. The diesel engine has continued as our core business ever since, our key tool in the rationalization and modernization of agriculture, fishing and industry. We have brought the world ever more energy efficient and economic engines and implements through a constant process of development and market expansion. Our goal is to promote the quality of life by providing the machines that use energy with the utmost efficiency and value.
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